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16.7%

0.3¢ lepidico ltd

Ann: Lepidico & Desert Lion complete Plan of Arrangement, page-12

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MasterPing

178 Posts.

98

12/07/19

10:47

Post #: 39490643
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Originally posted by whisky49: ↑

What’s it going to take to get this SP moving!?

When we know what the effect is of any financing regarding the stage 1 , when the pilot plant proves itself and the product does the rounds of potential offtake/ finance partners , they start the qualification process , we then get an offtake and eventually start production and earning an income...only then we can start to put a value on the Company based on the number of shares on offer at that stage Vs expected income and future potential..

Basically was of now have no income, no offtake partners, plenty of epotential xpenditure , minimal cash but a process that potentially has considerable value . Its a long and tortuous path but we are on the way and there is good reason to believe LPD will be successfull but a few more boxes need to be ticked IMO...

Cheers Whisky

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Well said... I agree that its a long road, but the path is pretty clear, lets just hope we can keep ticking the boxes along the way.

Last edited by MasterPing: 12/07/19

LPD Price at posting: 2.7¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.3¢		Change -0.001(16.7%)		Mkt cap ! $21.47M

Open	High	Low	Value	Volume
0.2¢	0.3¢	0.2¢	$2.525K	1.082M

Buyers (Bids)

No.	Vol.	Price($)
2	27999	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.2¢	28000	1

View Market Depth

No.	Vol.	Price($)
93	66962278	0.002
94	291357839	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	90049612	46
0.004	35936194	42
0.005	13887988	16
0.006	4350999	9
0.007	2235282	6

Last trade - 15.26pm 11/10/2024 (20 minute delay)

LPD (ASX) Chart